HardOCP News
[H] News
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- Dec 31, 1969
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Mark Cuban's latest blog post outlines the reason he thinks the current tech bubble is far worse than the tech bubble of 2000.
So why is this bubble far worse than the tech bubble of 2000? Because the only thing worse than a market with collapsing valuations is a market with no valuations and no liquidity. If stock in a company is worth what somebody will pay for it, what is the stock of a company worth when there is no place to sell it?